Elm St / Bergen Ave median real estate price is $648,137, which is more expensive than 57.5% of the neighborhoods in New Jersey and 76.0% of the neighborhoods in the U.S.
The average rental price in Elm St / Bergen Ave is currently $2,977, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 58.4% of New Jersey neighborhoods.
Elm St / Bergen Ave is a densely urban neighborhood (based on population density) located in Kearny, New Jersey.
Elm St / Bergen Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Elm St / Bergen Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Elm St / Bergen Ave are 4.5%, which is lower than one will find in 69.0% of American neighborhoods. Demand for real estate in Elm St / Bergen Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to Ä¢¹½ÊÓÆµ's exclusive exploration and analysis.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Elm St / Bergen Ave neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 70.0% of the real estate here is made up of such dwellings, which is higher than 99.7% of all U.S. neighborhoods.
In addition, the Elm St / Bergen Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,724 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to Ä¢¹½ÊÓÆµ's exclusive and first quantitative walkable score index, the Elm St / Bergen Ave neighborhood is one of the most walkable neighborhoods in America.
More people work in manufacturing and as laborers here in the Elm St / Bergen Ave neighborhood than in 96.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Our research shows that more people carpool to work here in the Elm St / Bergen Ave (23.1%) than in 95.7% of the neighborhoods in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Elm St / Bergen Ave neighborhood stands out for its commute length, according to Ä¢¹½ÊÓÆµ's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Elm St / Bergen Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than Ä¢¹½ÊÓÆµ found in 95.6% of all neighborhoods in America.
Did you know that the Elm St / Bergen Ave neighborhood has more South American and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.0% of this neighborhood's residents have South American ancestry and 7.5% have Portuguese ancestry.
Elm St / Bergen Ave is also pretty special linguistically. Significantly, 10.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. Ä¢¹½ÊÓÆµ's research has revealed some interesting things about the rootedness of people in the Elm St / Bergen Ave neighborhood. What is interesting to note, is that the Elm St / Bergen Ave neighborhood has a greater percentage of residents born in another country (55.2%) than are found in 98.6% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Elm St / Bergen Ave neighborhood in Kearny are middle-income, making it a moderate income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 53.5% of the neighborhoods in America. With 12.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.2% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Elm St / Bergen Ave neighborhood, 42.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.6%), and 12.2% in executive, management, and professional occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Elm St / Bergen Ave neighborhood is Spanish, spoken by 49.2% of households. Other important languages spoken here include English, Portuguese and Chinese.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Elm St / Bergen Ave neighborhood in Kearny, NJ, residents most commonly identify their ethnicity or ancestry as South American (40.0%). There are also a number of people of Portuguese ancestry (7.5%), and residents who report Asian roots (6.4%), and some of the residents are also of Italian ancestry (4.2%), along with some Irish ancestry residents (4.1%), among others. In addition, 55.2% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Elm St / Bergen Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (36.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (10.0%) who commute over an hour in each direction.
Here most residents (58.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (23.1%) and 8.0% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.